A fishbowl discussion at GTR Asia saw an animated debate between ‘frenemies’ - an international banker and three fintech representatives - on how to tackle the persistent $1.5 trillion trade finance gap
The bank signs a memorandum of understanding with General Electric and the Trade Bank of Iraq, a sign counterparties are ready to help companies finance Iraqi projects.
HSBC’s strategic push to Asia promises explicit investment in transaction banking platforms and lending rates set to undercut existing lenders*, but the shift will be far less substantial than presumed.